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Jio Financial ServicesNSE:JIOFIN -2.18%62 3-Year ROIIC % is 3.01 as of Mar. 2026, which is 272% above its 10-year median of 0.81. GuruFocus rates NSE:JIOFIN with a GF Score™ of 62/100 and a GF Value™ of ₹1,049.75 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 657 Asset Management companies, Jio Financial Services ranks better than 52.05% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Jio Financial Services's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 3.01%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Jio Financial Services's 3-Year ROIIC % or its related term are showing as below:
NSE:JIOFIN's 3-Year ROIIC % is ranked better than 52.05% of 657
companies
in the Asset Management industry
Industry Median: 1.94
vs NSE:JIOFIN: 3.01
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Jio Financial Services 3-Year ROIIC % Related Terms
Jio Financial Services 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Jio Financial Services's 3-Year ROIIC % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:JIOFIN vs BLK, BX, KKR: 3-Year ROIIC % Comparison
For the Asset Management subindustry, Jio Financial Services's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Jio Financial Services 3-Year ROIIC % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Jio Financial Services's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Jio Financial Services's 3-Year ROIIC % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Jio Financial Services (NSE:JIOFIN) has a 3-Year ROIIC % of 3.01 as of Mar. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Jio Financial Services and its competitors. This is 272% above median its historical median of 0.81. According to the industry distribution chart, Jio Financial Services ranks #315 out of 657 companies in the Asset Management industry, placing it in the top 47.9%.
Is Jio Financial Services' 3-Year ROIIC % too high?
Jio Financial Services' current 3-Year ROIIC % of 3.01 is 272% above median its 10-year median of 0.81. The Asset Management industry median 3-Year ROIIC % is 1.94. Jio Financial Services' value of 3.01 is 55.2% above this industry median. Based on the distribution chart, Jio Financial Services ranks #315 out of 657 companies in the Asset Management industry, which is above the industry midpoint. Overall, Jio Financial Services has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Jio Financial Services' 3-Year ROIIC % compare to BLK and BX?
According to the Asset Management industry distribution chart, Jio Financial Services ranks #315 out of 657 companies for 3-Year ROIIC %. This puts Jio Financial Services in the upper half of its industry. The industry median 3-Year ROIIC % is 1.94. Jio Financial Services' value of 3.01 is 55.2% above this benchmark. While the company's 10-year median is 0.81 vs. the industry median of 1.94, Jio Financial Services has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for an Asset Management company?
The median 3-Year ROIIC % among Asset Management companies is 1.94, based on 657 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jio Financial Services's current 3-Year ROIIC % of 3.01 is 55.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Jio Financial Services and its competitors. For the Asset Management industry, the median 3-Year ROIIC % is 1.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jio Financial Services's current 3-Year ROIIC % is 3.01, which is 272% above median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jio Financial Services stock overvalued right now?
Based on GuruFocus' analysis, Jio Financial Services (NSE:JIOFIN) is currently considered Possible Value Trap. The stock's GF Value™ is ₹1,049.75, compared to a current price of ₹234.80 — trading 77.6% below its estimated fair value. The current 3-Year ROIIC % is 3.01, which is 272% above median its 10-year median of 0.81 and 55.2% above the Asset Management industry median of 1.94. Jio Financial Services' overall GF Score™ is 62/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Jio Financial Services (NSE:JIOFIN), the current 3-Year ROIIC % is 3.01 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Jio Financial Services (NSE:JIOFIN) Overvalued in 2026?
Based on GuruFocus' analysis, Jio Financial Services stock appears to be undervalued.
The current stock price of ₹234.80 is trading 77.6% below its estimated GF Value™ of ₹1,049.75.
GuruFocus considers Jio Financial Services to be Possible Value Trap.
Key valuation signals for NSE:JIOFIN:
3-Year ROIIC %: 3.01 (272% above median its 10-year median of 0.81)
GF Value™: ₹1,049.75 vs. price of ₹234.80 (77.6% below fair value)
Industry Position: 55.2% above the Asset Management median (#315 of 657)
No single metric tells the full story. See the NSE:JIOFIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jio Financial Services Ltd is a core investment company, non-deposit taking, systemically important (CIC-ND-SI). Along with its subsidiaries, joint ventures, and associates, it is engaged in the business of Investing and Financing, mainly Leasing, Insurance broking, Payment Bank, Payment Aggregator, and Payment Gateway services.
62GF Score
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